Private inventories were also a drag, though this could mean that companies are rebuilding stockpiles after having wound them down in the second quarter.

私有存货同样拖累了经济增长，虽然这可能是一些公司在第二季度逐渐清空存货后从新囤积物资。

youdao

The only way speculation can have a persistent effect on oil prices, then, is if it leads to physical hoarding - an increase in private inventories of black gunk.

投机行为能够对油价具有持续效应的唯一方法就是(如果它会导致实际的囤积行为的话)，增加这种黑色粘滑液体的私人库存。

youdao

The second biggest revision was to private sector inventories, now judged to have contributed 0.1 per cent to quarter-on-quarter growth, rather than 0.4 per cent.

调整幅度第二大的是私营部门库存数据，调整后的数据显示，私营部门库存为当季环比增长贡献了0.1个百分点，而非先前公布的0.4个百分点。

youdao

Real final sales GDP less changes in private inventories increased 1.1% in the fourth quarter, compared with a 2.4% gain in the prior period.

WSJ: U.S. Economy Contracts in Fourth Quarter

This shortfall could have been handled with relative ease but for the fact that both government and private oil inventories were at all-time lows.

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Private business inventories, meanwhile, also decreased.

FORBES: U.S. Economy Stumbled To End 2012: Q4 GDP Down 0.1%